RECOVER Site Environmental Program for Real Estate

At New Empire Group, we are dedicated to offering insurance products that meet the insurance needs of our customers.  The RECOVER Site Environmental Program addresses the often neglected needs of real estate owners through site pollution coverage.

 

The RECOVER Program provides Site Environmental Coverage for Condominiums, Cooperatives, Apartment Buildings and Commercial Real Estate.

Application:

Coverage Features:

  • Underground and Above Ground Tank Spills
  • Third Party Claims for On-Site Bodily Injury for Asbestos
  • Third Party Claims for On-Site Bodily Injury for Lead
  • Third Party Claims for On-Site Bodily Injury and Property Damage
  • Third Party Claims for Off-Site Bodily Injury and Property Damage
  • On-Site Cleanup of New Conditions (Excluding Lead or Asbestos)
  • Third Party Claims for Off-Site Clean-Up Resulting from New Conditions (Excluding Lead or Asbestos)
  • Contingent Transportation Coverage

Limits:

  • $2,000,000 Each Incident Limit
  • $20,000,000 Aggregate Limit

Deductibles:

  • Above Ground Storage Tanks – $10,000
  • Underground Storage Tanks – $25,000
  • Lead and Asbestos Claims – $50,000
  • Non Tank Sites – $10,000 Pollution/$50,000 Lead or Asbestos

Submissions:

New Submissions can be sent to: newbusiness@newempiregroup.com

Submissions should include:

  • RECOVER Site Environmental Program Application
  • Environmental and GL Loss Histories
  • Current Tightness Test Documentation
  • Current Municipal Certificate Registration (where required)

Contact Us:

Jeanine Thompson
(516) 690-8119
jeaninet@newempiregroup.com

 

Coverage is written for members of the Building Owners Environmental Program Inc. Risk Purchasing Group.  What Are Risk Purchasing Groups?

 

Commercial Umbrella Coverage | General Liability & Property | Property Managers E&O | Hotels & Motels | Directors & Officers |  Cyber Liability

Complete copies of all policies are available to insured’s and their brokers for review and should be referred to for complete coverage information.  Nothing contained here changes or amends any of the above mentioned policies.